Problems in the Construction of Index Numbers: Selecting the purpose of the index number: There cannot be any all-purpose index. For example, if an ...

Mid -value: It is the average of the lower limit and the upper limit of a class.Example: Lower limit of the first class is 0 and the upper ...

Sweat equity shares means equity shares issued by a company to its employees or directors at a discount (to the market price) or for consideration other than ...

Shelf Prospectus:  The expression shelf prospectus means a prospectus in respect of which the securities or dais of securities ...

Procedure of Alteration of Registered Office Clause. Shifting of the Registered Office outside the local limits of any city, town or village:  The ...

The doctrine of ‘Indoor Management’ states that an outsider is not bound to look into the formalities of company’s own internal functioning or the company’s ...

False Base Line is a device relating to graphical presentation. This line is used to break the continuity of Y-axis with the origin. A false base line is used ...

Abridged Prospectus: Abridged Prospectus means a memorandum containing such salient features of a prospectus as may be specified by the Securities and ...

Functions of Statistics: Statistics presents facts in a definite and precise form: Statistics presents statements of facts in a precise quantitative and ...

Legal position of Directors: It is difficult to define the exact legal position of the directors of a company. In various judgments, directors of a company ...